ChipMOS raising prices due to higher costs and demand - News Summed Up

ChipMOS raising prices due to higher costs and demand


The Hsinchu-based firm started to raise prices of packaging and testing services last month to reflect higher raw material costs and worsening capacity constraints amid constant delays in the delivery of new manufacturing equipment, it said. Higher utilization rates and price increases are to give a further lift to the company’s net profit this quarter, ChipMOS chairman Cheng Chih-chieh (鄭世杰) told a videoconference. Photo: Grace Hung, Taipei Times“In the wake of recovering demand, the company expects the growth momentum to extend into this quarter from last quarter,” Cheng said. “Customer demand remains strong.”The driver IC segment contributed 45.4 percent of total revenue last quarter, while the chip testing and packaging segment accounted for 43.1 percent. ChipMOS booked NT$60 million of income from its Chinese subsidiary Unimos Microelectronics (Shanghai) Co Ltd (紫光宏茂) last quarter, it said.


Source: Taipei Times August 10, 2021 15:56 UTC



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